https://www.taxtmi.com/caselaws?id=118322 The tribunal allowed the appeals for the assessment years 1993-94 and 1995-96, directing the Assessing Officer to compute the income accordingly. The judgment emphasizes the necessity of specifying the purpose of accumulation annually for unutilized income to meet the requirements for tax exemption under section 11(2) of the Act. en-us Tue, 25 Apr 2006 00:00:00 +0530 Fri, 29 Jun 2012 18:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118322 The tribunal allowed the appeals for the assessment years 1993-94 and 1995-96, directing the Assessing Officer to compute the income accordingly. The judgment emphasizes the necessity of specifying the purpose of accumulation annually for unutilized income to meet the requirements for tax exemption under section 11(2) of the Act. Case-Laws Income Tax Tue, 25 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118322